Bank Of Nova Scotia (BNS): Uncovering A True Diamond In The Rough

Bank Of Nova Scotia (NYSE:BNS) currently has a daily average trading volume of 1.72M but it saw 1175789 shares traded in last market. With a market cap of 64.86B USD, the company’s current market price of $52.75 came falling about -0.85 while comparing to the previous closing price of $53.20. In past 52 weeks, the stock remained buoying in the range of price level as high as $55.12 and as low as $39.79. In the recent trading on the day, stock has struck highest price mark of $52.56 while lowest mark touched by it was $52.935.

Taking a look at 20-day trading activity of Bank Of Nova Scotia (BNS) gives us an average price of $52.99, while its current price level is -4.30% below from 52-week high level whereas it is 32.55% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $49.52 while that of 200 days or SMA-200 reads an average of $48.01. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.00% during that period while stretching the period over a month that increases to 1.21%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 55.04 which implies that the stock is in neutral territory.

Over the week, BNS’s stock price is moving -3.74% down while it is 3.78% when we observe its performance for the past one month. Year-to-date it is 8.34% up and over the past year, the stock is showing an upside performance of 24.38%.

Currently, Bank Of Nova Scotia’s total number of outstanding shares is 1.23B. Company’s return on investment (ROI) stands at 5.76% and return on equity (ROE) at 9.41%. It has a price to earnings ratio (P/E ratio) of 12.60 while having a 10.16 of forward P/E ratio. Stock’s beta reads 1.03. Stock has a price to book (P/B) ratio of 1.24 while price to sale or P/S ratio amounts to 1.18. Its return on asset (ROA) is 0.53% on average.